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KME Group’s Bond Exchange Offer Gains Traction

KME Group’s Bond Exchange Offer Gains Traction

Intek Group S.p.A. (IT:KME) has released an update.

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KME Group S.p.A. has announced provisional results for its ongoing partial voluntary public exchange offer on its 2020-2025 bonds, with 19.83% of the bonds already subscribed, amounting to a nominal value of over 9 million Euros. The offer, which began on November 4, 2024, will continue until November 26, 2024, with payments scheduled shortly thereafter.

For further insights into IT:KME stock, check out TipRanks’ Stock Analysis page.

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